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Welput sells Tothill Street office for £55.4 million

Welput, managed by Schroders and advised by Quintain Estates and Development plc, has exchanged contracts to sell the freehold interest in 21 Tothill Street, London SW1 for £55.4 million reflecting a net initial yield of 3.4%.

Originally acquired in 2010 for £28.6 million, the business plan for the...

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